Fifth Spot XRP ETF Set for Launch as CBOE Approves New Fund for Trading 🚀

Highlights

• Cboe approves 21Shares’ TOXR spot XRP ETF for trading

• This becomes the fifth XRP ETF to launch in the U.S.

• XRP ETFs now near 1 billion dollars AUM with zero net outflow days

Cboe has officially approved the 21Shares TOXR spot XRP ETF, clearing the way for the fund to begin trading soon. This makes it the fifth spot XRP ETF in the U.S., joining a group of products that have collectively attracted more than 950 million dollars in under four weeks.

Cboe Clears 21Shares’ TOXR for Trading

According to a new SEC filing, Cboe will list 21Shares’ XRP ETF under the ticker TOXR once final requirements are completed. The approval follows 21Shares’ fifth amendment to its S1 filing earlier this week as it finalizes preparations for launch. The filing still includes a delaying amendment, suggesting the issuer may await CERT confirmation or direct SEC approval.

The ETF will track the CME CF XRP Dollar Reference Rate New York Variant, offering investors spot exposure without holding XRP directly. The fund carries a 0.3 percent annual sponsor fee, paid weekly in $XRP , and uses multiple custodians for enhanced security.

Ripple Markets supplied initial liquidity of 100 million XRP valued at roughly 226 million dollars. Creation and redemption will be allowed via in kind XRP transfers or cash.

XRP ETFs Close in on 1 Billion Dollars AUM

Spot XRP ETFs in the U.S. are nearing the 1 billion dollar milestone with total inflows at about 954 million dollars. Notably, the category has recorded zero days of net outflows since launch. Even during recent market volatility, XRP funds still added nearly 10 million dollars in new inflows.

Ripple CEO Brad Garlinghouse noted that XRP has become the fastest growing U.S. crypto ETF by assets since Ethereum. Meanwhile, Ripple also rolled out a new XRP Ledger update aimed at improving network stability and expanding DeFi capabilities.